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Anatomy of a Paycheck

Total questions: 16

Worksheet time: 9mins

Name
Class
Date
1.
What is gross income?
a)
Take home pay
b)
Total amount of wages after deductions
c)
Total amount of wages before payroll deductions
d)
Amount the employer keeps
2.

Money that is deducted from your paycheck and given to the US government

a)

Local Tax

b)

State Tax

c)

Federal Tax

d)

Excise Tax

3.

Where is the "Sea of Tranquility"

a)

Jupiter

b)

Earth

c)

The Moon

4.

Who was King Henry VIII's first wife?

a)

Catherine

b)

Anne

c)

Elizabeth

5.
__________________ deductions are automatically withdrawn from your paycheck
a)
Optional
b)
Suggested
c)
Standard
d)
Federal
6.

What is net income?

a)

Amount of money earned after deductions

b)

Cost of lifetime allowance

c)

Amount of money earned before deductions

7.

Where is your zygomatic bone

a)

Foot

b)

Hand

c)

Face

8.

LIfe insurance is what kind of deduction

a)

Elective

b)

Standard

9.

Medicare tax is what kind of deduction

a)

Elective

b)

Standard

10.

The % of Federal Income tax deducted from each person's pay is _____

a)

Between 2% and 15.9%

b)

Between 5% and 25.5%

c)

Between 10% and 39.6%

11.

Who is Stefani Joanne Angelina Germanotta better known as

a)

Madonna

b)

Lady Gaga

c)

Pink

12.

The % of FICA (Medicare & Social Security) deducted from each person's pay is _____

a)

1.45

b)

7.65

c)

6.2

13.
According to John's paystub, how much federal income tax was withheld from John's check?
a)
$10.42
b)
$124.91
c)
$2.44
d)
$25.20
14.

How much was withheld for Social Security AND Medicare from John's check?

a)

$2.44

b)

$12.86

c)

$10.42

d)

zero

15.

Info.cern.ch is famous for being what

a)

The very first website

b)

Edward Snoden's website (Wikileaks)

c)

Gateway to the "dark web"

16.

Bonus Question!

In which state do Paylocity employees not pay state income tax?

a)

Virginia

b)

Illinois

c)

Idaho

d)

Floria